RICS Level 2 (Home Buyer) Survey with ValuationStart your Quote
What is this used for?
As the RICS Home Survey – Level 2, the focus is on assessing the general condition of the main elements of a property. This intermediate level of service includes a more extensive visual inspection of the building, its services and grounds, but still without tests. It also provides the surveyor’s professional opinion on the ‘market value’ of the property, an insurance reinstatement figure for the property, plus details a list of problems that the surveyor considers may affect the value of the property.
Choose this report if you need more extensive information whilst buying or selling a conventional house, flat or bungalow, built from common building materials and in reasonable condition, plus also the surveyor’s professional opinion on the ‘market value’ of the property and an insurance reinstatement figure.
How it works
We use an easy-to-read traffic light system (Condition Ratings, 1, 2 and 3) that highlights the condition of the various elements of the property as described within the report.
Condition Definition
Rating
Condition Rating & Definition
Defects which are serious and/or need to be repaired, replaced or investigated urgently.
Defects that need repairing or replacing but are not considered to be either serious or urgent. The property must be maintained in the normal way.
No Repair is currently needed. The property must be maintained in the normal way.
Not Inspected.
Want to find out the condition and value of a property?
What’s included in a RICS Home Survey level 2 with Valuation?
- Describes the construction and condition of the property on the date of the inspection.
- Aims to identify any problems that need urgent attention or are serious.
- Aims to identify things that need to be investigated further to prevent serious damage.
- Aims to tell you about problems that may be dangerous.
- Aims to show up potential issues and defects, before any transaction takes place.
- Aims to help you decide whether you need extra advice before committing to purchase.
- Aims to enable you to budget for any repairs or restoration.
- Aims to advise you on the amount of ongoing maintenance required in the future.
- Provides a reinstatement cost to help you avoid under or over-insurance.
- Provides a market valuation.
Key benefits and features
- Concise report with a clear overview of condition.
- Property specific expert opinion and advice.
- Provides surveyors view of the main positive and negative features of the property.
- Highlights specific areas of concern.
- Recommendations for elements requiring further investigation.
Why you may need a Property Survey
An RICS Home Survey will tell you the actual condition of the property. This critical information can be invaluable during price negotiations.
A Home Survey can also help you prepare for selling your property. It will show you any problems that may delay your sale or cause price reductions later in the process.
A Home Survey of the current condition of your home will warn you of defects and help you avoid escalating repair and maintenance costs in the future.
Whether it is structural or damp issues, getting a Home Survey will reveal defects not typically visible when viewing a property you intend to purchase.